thoughts that the technology put forward that I may not have thought of myself. The right way to think about it, at least for now, is augmentation.” Many CEOs are echoing similar sentiments, but it’s not uncommon for those at the top to offer comforting statements in their comments. In fact, it’s to be expected. The reality is that, in an already remarkably precarious labor situation in America and many other countries, AI has the further potential to cause massive upheavals. Senate Majority Leader Chuck Schumer and President Biden, two men not exactly known for being on the cutting edge of issues or pushing bold policy agendas, have even expressed grave concern about not getting a handle on AI before it is completely unleashed. Schumer proposed to convene the top minds in artificial intelligence to lay a foundation for the type of legislation that can make sure AI doesn’t, for one, completely upend the economy and, most importantly, doesn’t shake the foundation of who we are as human beings. Congress isn’t exactly known for acting swiftly or boldly, but it’s telling that even those deeply entrenched in Washington are seeing how potentially disruptive and catastrophic a fully realized version of AI could be without the proper regulations and safeguards. Since the 2008 financial crisis, the United States has largely shifted to a gig economy for vast swaths of the population. A gig economy is defined as a labor market that largely relies on temporary or parttime positions filled by independent contractors and freelancers, rather than full-time permanent employees. One of The reality is that, in an already remarkably precarious labor situation in America and many other countries, AI has the further potential to cause massive upheavals. 20
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